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germany can win this year. it has been a while, and that would really boost our image. >> the titles in the europa and spanish leagues have often gone to spanish and english clubs, but they have also a a hig price. else is financially depen other premier league clubs have rackedndds of millions of euros in debt. european soccer's governing body is planning to level the playing field with financial fair playlet regulations. last week, as he issued a one- season than. most of the big stars and their cash in spain or england. >> in england, you already know the top for your clubs before the season starts, so full credit to hourly -- you already know the top four clubs. >> the league has been plagued by hooliganism, which has resulted in an empty stands. for years, the bundesliga has drawn the highest spectator numbers of any league in europe. combined with steadily rising television rights, they have made a solid foundation for german soccer. the only thing missing is that elusive european title. >> we hope they get it. if you are just joining us, you are watching the "journal" coming t
down from the top. both germany and england had common-law for a while, but by the 20th century both have more or less abandoned it. germany more so than england. therefore, by the end of world war ii, when you have unloaded however unwillingly its colonies, those colonies were themselves designed on principles of civil law. us, the first two pillars taken together mean that a christian, protestant religion influenced and shaped everything about american foundation of laws and defined its system of personnel rights. it wasn't just that the united states was a democratic republic, but that the very premises of what a democratic republic meant were likely to be far different in the united states than anywhere else. the second of, third of the pillars involves economic freedom. private property rights with legal titles and deeds, anti-free market economy. now, these may seem synonymous, but they are not. as hernando desoto pointed out, in many places of the world, there is and the symbols of a free economy at work. but there's no system of title deed to land or other property. this has
markets incidentally, too. bond markets, the fixed income markets, here we're seeing buying in germany at the moment and 10-year german bund around 3%. a little bit of buying into the gild as well as some of the safe haven trades back on. we have this italian bond auction. the first one is going to be settled in 2013 and the last one in this year, as well. it's thought that it is going to see solid demand given that it hasn't gotten any trouble getting off the ground as of late with those bond auctions, as well. a quick wrap on the forex market. here you're looking at selling in the euro/dollar right now. 1.3190. we're flirting with the high level of this trading range that we've been stuck in. dollar/yen, it's thought when this new japanese government coming into place, they're simulating the economy and to make sure a weaker yen is in place, as well. kelly. >> louisa, thanks. we're keeping an eye on gold today. could the precious metal be losing its luster come 2013? we'll find out why kuts has decided to cut exposure to the precious metal for the first time. >>> hello, everybody. we
assume you were talking about soviet russia and nazi germany. were these regimes possible because of the uniformity? if that is the case, how did the myriad number of protestant denominations in the united states provide a unique defense against tyranny? >> i would not say -- i was not referring to just the soviet union and nazi germany. communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are r
to get the latest results from germany's survey any second now. in the meantime, i can can bring you news. for example, on industrial orders and sales in italy, orders flat on the month, down .2 on the month for sales and down nearly 5% on the year. so confirming some of the weakness that we know we've seen previously in the italian economy. meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. that's the current counselor plus which in october was an adjusted 3.9 billion euros, up quite a bit from the 2.5 billion reported for september. now that also comes after -- a day after the european union's report suggesting that in fact the european union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book i
are as different as germany and greece. what is it that keeps the united states together? you had a great expression in the 1930 -- you had a great depression here in the 1930's. things were awful. and yet, i do not believe there were any political movements to get rid of the deficit states from the united states, like there are in europe and portugal and spain and everywhere else that happens to be in deficit. the reason is, the federal- state, especially after 1929 plays the role of the regulator of surplus and deficit recycling around the land. let me give you a simple example. we are in seattle. boeing is sponsoring the lectures. when boeing goes to washington to give a contract for the next generation jet or whatever, they may get it. they do get it. but there are some things attached. like for instance, we want a factory that builds the wings are the engines in tennessee or missouri or arizona. in the deficit regions. this is not philanthropy. this is an act of recycling surplus so the surpluses of the surplus state can continue to be created, produced. you may recall that in the 1
is fascinating bearing in mind where we are in terms of the macro story and germany might well be floating -- >> certainly a big departure in the sense that the german stock market has typically traded in line with the german economy and this is a big divergence. so that's a change. but looking over time, all stocks have the component of what they call the economic return. speculative return which is it for change and the valuation that the market puts on it. over time, one is a possum gain and the other is zero sum gain. sometimes good news, sometimes bad news. but over time the kind of net being nothing. >> we'll see what happens. good to have you on. we'll be out in westminster, joined by the british shadow business secretarier to. we'll talk currencies. find out why one strategist is bullish on the currency. after the ramp up in m&a that we've seen this year, we'll also speak to an expert in los angeles that says the fundamentalses for deal activity in 2013 are looking more solid. so where will the money flow in the new year, that's at 11:20. and the outlook for u.s. credit market appe
. an agreement still seems pretty elusive at this moment. germany and french finance ministers have very different views about oversight of banks. and in britain, the chancellor george osbourne delivers his statement to parliament today. will be out in westminster soon. steve is out to give us more detailed analysis of what to expect. let's just go back to the eurozone. as you say, thin advances here. are we capping -- it's up against the yen as well. there's obviously been a big yen story. >> yeah, i think the euro/yen has had perhaps more to do with eu euro/dollar than anything else. the euro crosses in general have been story rather than euro/dollar and euro/yen at the forefront. i think the euro/yen forecast is overplayed in what japan will ultimately deliver on. but mum is pretty good. i think you still play for a little yen weakness. i think we'll see a lot of people trying to buy yen back because i don't think we'll get delivery in all these preelection promises. >> do we all think we know what the chancellor is going to say? >> judging by the many pages being given to it in the n
, 1.63. and bond yields higher. they got kicked higher in germany post that survey which we broke on the show, as well. as far as the currency market, dollar bit under pressure ahead of the fed. euro/dollar 130.08. we were down late friday and early monday trade, as well. dollar/yen, highs polls suggest mr. erbe will be a clear win in japan. however big will the lead be and what influence tell have on the bank of japan. dollar and yen pressured by more q.e. talk. and aussillar three-month high. the prospect of q.e. boosting commodityets. canadian doing well. firm at 1.6122. we have more on the asian trading day out of singapore. >> reporter: hi, thank you, ross. most asian markets finished on a bright note. the shanghai composite recouped morning losses in positive territory. property stocks turned higher in the afternoon. stocks also rallied while investors await beijing's detailed plan on urban development. strengthening main line blue chips pushed the hang seng to a 16-month high. developers, industrials, and gaming stocks among the top gamers today. >>> in japan the country's
germany to somehow get revenge against hitler. they were looking after their only tribal interests, they were not patriotic, and in a funny way he accused the jews of everything that billy graham's and protestants accused his son of when he ran for the presidency in 1960. he didn't believe it was possible to be a jew and to be a true patriot at the same time and those who opposed his son's election because he was roman catholic he said you couldn't be a catholic and a true blooded american at the same time because they couldn't turn him down. is it true kennedy's views about the future of the stock market was influenced by his bootblack one day was giving him advice on the marquette and supposedly kennedy had said on his way to his office he thought something is wrong when they give me advice? >> it's a great story. i found no evidence. it may be true. there are some stories they found no evidence for. i didn't include it in my book because i couldn't verify it. but kennedy didn't need it to tell him that. kennedy was really smart. and when you look back at the crash of 1929, as wh
. the imf estimateds that the u.k. next year will grow more strongly than france or germany, and our credible fiscal policy allows for supported monetary policy. and with the bank of england, we are directly addressing the problems of tight credit through the 70 billion pound funding for lending scheme. in the opr's view today, this has lowered interest rates in the real economy and will add to the level of real gdp. one area where the british economy has done much better than forecast is in creating jobs. since early 2010 the private sector has created 1.3 -- 1.2 million new jobs, 600,000 more than was predicted, and youth unemployment has been falling. instead of peaking at 8.7%, the ob russian expects the peak at 8.3%. this at a time when the unemployment rate in spain is 26%, in france it is almost 11%, and across the whole eurozone it is almost 12%. employment, already at a record high, is set to go on rising each year of the forecast, and for every one job less in the public sector, two new jobs are expected to be created in the private sector. britain now has a greater proport
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there's not much growth to be expected from all europe. you know, obviously core europe like germany will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., europe and particularly euro is the one to send out is the strong demand. this is something that european policies and that european companies will need to work with. >> next year, although the eurozone economy is stag nating, we do expect a recovery in the global economy to which europe corporate sector is very well levered. it's that recover in the global back drop which allows margins to rise a little bit in eurozone, gives some type line growth and overall profit growth we think of around 9%. >> standing out in 2013, the biggest uncertainty right now has to do with around the housing market in the united states. some people are increasing their belief that you're going to see growth in the housing market from, you know, previous estimates are like 1.5% to % or even 4%. that is the unknown. because as everybody knows, housing has so many secondary and tertiary e
against germany to somehow get revenge against hitler. he believed they were warmongers and looking after only their own tribal interests. they were not patriotic. and a funny way, he accused the jewish of every day but billy graham and protestants accused his son a but he ran for presidency in the 1960s. he didn't believe those possible to be a jew and a true peace treaty at the same time as those who oppose to send selection, because he was roman catholic said that the late graham among them were right out there in front, said that you couldn't be a catholic in true blooded american at the same time the vatican would give the lawyers that could turn them down. >> is it true that kennedy's views about the future of the stock market was influenced who's giving advice on the market is supposed to kennedy said on its way to his office he thought something was wrong to give me advice. >> it's a great story. i saw no evidence for it. it may be true. there's some stories i found a evidence for. i didn't include it in my book because i couldn't verify. but kennedy was really smart. when you loo
to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have to ask yourself is when cash, equities, credit, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to
germany. were these regimes possible because of the uniformity? if that is the case, how did the myriad number of protestant denominations in the united states provide a unique defense against tyranny? >> i would not say -- i was not referring to just the soviet union and nazi germany. communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are religious, it does not make you write all the time. >> get i
" and "homeland" are popular not just in germany and u.k. but in jordan and turkey. "24" is a huge hit in iran. it's beamed in illegally by -- you're not getting paid for it? >> no. but i do think. >> but it's smuggled in a lot. the actor is persian and has a lot of connections in iran and he's been tracking "homeland" in iran. >> it is stuningly popular but i've read a few criticisms of the show and to the extent that we make piss people off on every side of the aisle and are embraced by them too is a good thing. one thing i did learn is that as an export, as a public face, we do have some responsibility, some influence on -- this is an american export and we are good at this. we make really good movies and television shows. it is what the world sees of us. and there was a book by a researcher at the gallop organization and they polled people in egypt what is your feeling about americans. i don't like america but i like americans. and a very small percentage had never met an american. and they said how dow know and the answer was "friends". >> based on that i like america too. >> politics dem nie
of the most successful year over year appreciations of any developed country's equity markets? >> germany. >> bingo. i think of their own currency it's up like 30%. let's keep going. >> okay. so germany has been the engine of european growth. if germany slows down, the dynamic in europe is going to change dramatically. if this euro/yen goes through let's say 120, 125, 130 which is what they're pushing for, the german auto sector which has made great inroads against the japanese because the euro/yen as the japanese have held the yen has been over valued that is going to change the whole european dynamic. a slowing germany will become a wild card. that's my call for the biggest wild card in 2013. >> i tell you what. you have to go nose to nose with a country on the foreign exchange front, i think the japanese are going to be well matched with the mentality of what is going on in germany. listen, merry christmas. i know hannukah is over and you had a great hannukah. >> thank you. >> best holiday wishes to all the viewership from two old time traders. back to you. >> two of the best that is.
of modern totalitarianism, first not see germany and now communist russia. and on like chambers, we believe that the united states would eventually turn back the communist threat to western civilization, just as surely as it had done to the equally evil threat posed by not to germany. not, mind you, that we underestimated the might of the soviet military or the strength and the resolve of the anti anti-communist forces. against as both at home and abroad. in fact, there were times when we came close to a feeling that chambers and other conservative anti-communist like james vernon who wrote a book entitled suicide of the last, we feared that they might be right. for me, one especially discouraging occasion was the fight against ronald reagan's decision in 1983 to station medium-range misfiles in europe to counter the soviet buildup of similar misfiles on its side of the dividing line between its domain and the west. massive protests were planned here at home and all over the world with the biggest one scheduled for the aid to which over a million people from every country in western europe
surpluses to germany and japan. an astonishing number. 70% of the profits in the country were recycled into europe and japan. the marshall plan is a very small target. i will not bore you with details. when they go to washington, it is not an act of philanthropic on the pentagon -- and at the plant for be on the pentagon fell apart -- it is not a philanthropic act on the pentagon's part. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? because the global surplus of recycling mechanism was sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. well, paul volcker -- been named may ring a bell.
everything they possibly could to push the united states into war against germany to somehow get revenge against hitler. he believed the jews were warmongers, they were looking after only their own tribal interests, they were not patriotic. in a funny way, he accused the jews of everything that billy graham and the protestants accused his son of when he ran for the presidency in 1960. he didn't believe it was possible to be a jew and to be a true patriot at the same time. and those who opposed his son's election because he was a roman catholic said that, billy graham among them, norman vincent peel right out there in front, said that you couldn't be a catholic and a true-blooded american at the same time. because the vatican was going to give you orders, and you couldn't turn them down. over here. >> is it true that kennedy's views about the future of the stock market was influenced by his -- [inaudible] one day who was giving him advice on the market and supposedly kennedy has said on his way to his office he thought something is wrong when a boot black can give me advice? >> yeah, it's
. britain has 35 as does germany and australia. to countries that have strict gun kcontrol have little gun murder. i think carole had it right. she said it is about personal responsibility. that is the most important part. it is a difficult one. people are going to have an oh w pinion about it. we have to make sure that they were -- wanted the american people to feel protected about the british at the time. i don't think people should be able to go online and buy guns. there should be rules in place on background checks. our country is founded on these freedoms. i totally respect the constitution by the way. what i don't respect is what i don't respect is the interpretation of the letter of the second amendment of the constitution which i think is being misused to endorse everyone in america. >> the constitution talkses about a well regulated militia. the power of the government not to take away guns and every american should exercise personal responsibility. by not putting their children at risk of suicide and murder. yes, people should be punished but we shouldn't encourage criminal cond
there really divergent from the rest of europe. germany up on the right, a good gain up over 1%, the italian market falls by 1%. silvio berlusconi is back in italian politics proving he still runs his party and withdrawing support from mario monti. this may lead to midterm elections because monti is market friendly you might not end up with a market friendly solution. we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing
shop. they have received orders for bouquets from around the world. >> we got some from germany. we got some from new britain. where else? california. florida. kansas. any place you can think of, we've gotten a call. >> reporter: at the post office, so many condolence cards and letters have poured in, a special box has been set up to collect a mountain of notes for later distribution to the families. the firehouse which was the emotional epicenter for parents frantically looking for their children on that morning, received 26 breathes from a christmas farm in oregon. mike tadry made simple crosses for each victim. and delivered them today. >> nobody can stop the pain of what these people are going through. it's a tragedy beyond comprehension. it really is. >> reporter: and there's the local watering hole. the newtown general store. the manager got a call this morning from a stranger offering to buy coffee for anybody who needed some warm comfort. a kind gesture poured out into 100 cups. >> everybody was here crying. you know, people from the town. it was very kind. >> reporter: we found
in europe in june 1940? >> the war had started in september 1939, peter, and germany had overrun poland. hitler's idea at this point was to invade france and knock britain out of the war thereby. with the intent later on to invade the soviet union. he hated communism. this is one thing that was really part of his agenda. he was actually going to invade france in the wintertime, ma in november-december. he had to put that off because -- spent of 1939? >> of 1939. because of the invasion plans fell into the hands of the french and the british, soy put off the invasion until may, and he came up with a new plan. the old plant actually had been similar to world war i. it was going to come through belgium, along the channel coast, and down into paris. but he had to completely rearrange that, and he came up with you do, one of his generals, to think through belgium, but send the majority of these armored power through the our danforth further south and coming behind any french and british armies that went into belgium once the war started. and this worked perfectly, beginning may 10 of 1940»
officials say once the parliaments in germany and the netherlands -- which is expected -- it'll be only a matter of weeks until missile systems are installed along turkey's border with syria so as to guard against possible reprisals for the country's staunch support of the syrian rebels. >> we know that syria possesses missiles, we know they have the chemical weapons, and, of course, that also have to be included in our calculations. and this is also the reason why it is a matter of urgency to insure effective defense and protection of our ally, turkey. >> reporter: now, secretary of state clinton, this has just crossed the wires, is in brussels, and she says, and i quote: we stand with turkey in the spirit of strong solidarity, and she adds, we stand ready to take the necessary steps for the defense of turkey. syria, we should point out, is believed to have hundreds if not thousands of tons of these chemical agents and also everything several hundred ballistic missiles to deliver them. megyn: james, thank you. a little more context on securing syria's chemical weapons. up to 75,000 tro
a year. by comparison, britain has 35 as does germany and australia. japan has one or two. to countries that have strict gun control have very little gun murder. what do you say to americans who say it makes me feel safe? >> i think carole had it right. she said it is about personal responsibility. that is the most important part about this whole conversation. it is a difficult one. people are going to have an opinion about it. we have to make sure we don't disrespect our constitution amendment rights. we have to make sure that they were -- wanted the american people to feel protected about the british at the time. times have changed since then. i don't think people should be able to go online and buy guns. there should be rules in place on background checks. background checks, absolutely. but i think it's important that we respect our constitution because our country is founded on these freedoms. >> i don't want anyone to think that i'm anti-american. our country is founded on these freedoms. i totally respect the constitution, by the way. what i don't respect is what i don't respect i
you know that we still have troops in germany? last i checked that war ended three years ago. we don't need them there anymore. leave, leave, leave. >> three years ago. >> i know my history. >> you do. let's be honest here. this is not an uh anomaly. somebody tell me what anomaly means. >> that is psy's wife. >> killer mic, rapper winning all of these accolades and end of the year awards and best of the year list rapper. his big song all i keep saying is i am glad regan is dead. nobody cares if you crap on america or crap on american icons. remember" cop killer"? >> are you comparing apples and oranges. koreans are nuts, and their culture of protesting is like a fashion show. when rappers do it that's a whole different ball of wax. american rapper does it to say i hate this country. i hate white people. >> even if they are doing it to be cool, this would not be him doing a rap anti-gay marriage. it is never going to be hip. >> you know what he should do. >> to be christian or pro american which is why those are always tendencies is they have to be the hip ones. i think he should get
's not from germany. a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> about 22 past the hour now. the first hint of snow is falling in pennsylvania. it will be heading to the northeast, weather channel meteorologist mike seidel live in new cumberland, pennsylvania. what are you seeing? what do we expect the next couple of days? >> light snow on the pennsylvania turnpike outside of harrisburg. travel fine, not that cold and hasn't snowed that much. this will be the first measurable snowfall for philadelphia. may get an inch of snow. new york city, times square, a couple of inches or so on the grassy services. 5 to 7. a winter storm for boston and snow will fall from dinner time to early on sunday morning. the areas where you got dumped wednesday morning, buffalo, syracuse, look for 3 to 6 inches, not the 10 to 15 you had. the major impact at the airports, already the three new york city airports, newark, laguardia, and kennedy, canceled 180 fli
, it is 33%, in germany, in its 29%. from april of 2014, the corporation tax rate will stand at 21%. this is the lowest rate of any major western economy. it is an advert for our country that says come here, investor, britain is open for business. [cheers] [applause] mr. speaker, we will not pass the benefits on to banks and ensure that we meet our revenue commitment. it will be increased next year. making things contribute more as part of our major reform of the banking system. we also have to be on the side of those who want to work hard. i know how difficult many families have gone the cost of living. we have had to save money. but whenever we have been able to help, we have. we have helped counsel for two years running. and we are helping them to freeze again next year. we put a cap on the rises for the next two years. so commuters are not punished for traveling to work. we are forcing energy companies to families onto the lowest part of the gas and electricity bill. and we help those. fuel is cheaper than it would've been if we started the labor crack down. [cheers] and i want
china, germany, brazil. tavis that transform the way we think about education? do you think your role as straining american leaders? are you looking at attracting global leaders? >> there are so many questions. let me address a few of them. there are numerous kind of statistics that we have a preeminence of college graduates in our populations and levels of participation. we are losing this. we have once last three of the world's college graduates. that is an interesting illustration of a shift in the dynamism. i see this when i travel. a huge commitment to public resources. huge energy to enthusiasm of higher education. india wants 1500 new universities by 2020. alicia's in a meeting about hong kong this week. i learned that hong kong university is expanding undergraduate education from three years to four years because they think it is not giving students enough time. there are all these buildings going up. here we are being told in the united states that maybe we should reduce ourselves from four years to three years. another aspect. let me insert here so much of what our discussio
heard anything at all? >> "24" and "homeland" are popular not just in germany and u.k. but in jordan and turkey. "24" is a huge hit in iran. --s beamed in illegally by you're not getting paid for it? >> no. but i do think. >> but it's smuggled in a lot. the actor is persian and has a lot of connections in iran and he's been tracking "homeland" in iran. >> it is stunningly popular but i've read a few criticisms of the show and to the extent that we make piss people off on every side of the aisle and are embraced by them too is a good thing. one thing i did learn is that as an export, as a public face, we do have some responsibility, some influence on -- this is an american export and we are good at this. we make really good movies and television shows. it is what the world sees of us. and there was a book by a researcher at the gallop organization and they polled people in egypt what is your feeling about americans. i don't like america but i like americans. and a very small percentage had never met an american. and they said how dow know and the answer was "friends". >> based on that
.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. >> bill: stossel matters segment, as we have reported, it is likely congress will try ban assault weapons in the usa. >> the assault weapon is developed for military purposes, to kill in close combat. and it doesn't belong in the streets of our cities. and it doesn't belong where it can be picked up easily by a grievance killer who can walk in to a workplace, a mall, a theater and now an elementary school and kill large numbers. >> bill: here now, libertarian, john
to europe first. the policy of germany first then japan had to be worked out. which is why churchill was in washington that month. i think americans always liked churchill. he had been speaking in america for 20 years. was american. guest: his mother was american. he was well known on the lecture circuit and now here he is as prime minister. they were familiar with him. i think he came out of that speech that day knowing he had an ally and americans took a liking to him because they were very wary of churchill that all he wanted were his colonies become. b not liberty or not roosevelt's four freedoms but to recapture everything the japanese had taken from him by using american boys and that americans resented and they were wary of that host: we are about out of time. when did you finish this? guest: early this year? host: early 2012? guest: yes. and about six months of copy editing and final editing with bill phillips. host: out of all the characters in it besides winston chump if you were -- churchill if you were going it write another book who would it be? guest: admiral king come
were there. australia, russia, italy, france. england, germany. all over the world. following this story. all the major networks were there. you know, cnn was there, of course. and so this is an international event. and so the churches have a particular role when something like this happens. that is to help people make some kind of sense of it. when it first happened, everyone, including me was in a state of complete shock. i heard, i'm the same as anyone else, a sense of sickening sense of how could this possibly happen. and you try to wrap your mind around it. and comprehend that you can't, it's just impossible. even the ways that we typically try to understand events like this through psychology and they say the man was disturbed and things like that. he certainly was. but in a war, you can understand the cultural and political tensions like this, for a natural disaster this goes way beyond that. even a very sick mentally ill individual, could never just because of that, commit a crime so horrendous. so you're thrown back, on religious concepts, that's the only way to under
to your first. the policy of germany first, then japan had be worked out, which is why churchill was in washington that month. i think americans like to churchill. >> his mom was american. >> his mom was american. he was well-known on the lecture circuit. now here he is prime minister. they were familiar with him. i think he came out of that speech that day knowing americans took a liking to him because they were very wary -- and still were many -- that all they wanted were the colonies back. not liberty. not war freedoms. to recapture everything the japanese had taken from them by using american boys. and that americans resented. they were wary of that. as well as george marshall. >> we are about out of time. when did you finish this? >> this is about -- early this year? >> early 2012? >> yes. about six months of copyediting and final editing with bill. >> out of all of the characters in at the sides winston churchill, if you were going to write another book, who would it be? >> well, admiral king resigned. and nod to my dad, who was a navy guy. fascinating character. >> will yo
than usual in berlin germany for those who take an annual christmas day plunge into icy waters. some wore little more than santa hats. stil >> ifill: still to come on the newshour, contests to watch in three states; screening for breast cancer; getting ready for the new health care law; civilians keeping the peace in the philippines; corruption in china; and writing verse about greece's troubled times. but first, with the other news of the day, here's kwame holman. >> holman: police in webster, new york, found human remains today in the burned-out home where a gunman ambushed firefighters on christmas eve. the victim appeared to be william spengler's sister. he left a note saying he wanted to burn down the neighborhood and kill people. spengler set fire to his house, then shot four firefighters-- killing two-- before killing himself. he had a revolver, a shotgun, and a bushmaster rifle, the same model used in the newtown school shooting. >> i can't tell you at this time what the victims were shot with. we assume it was the rifle because of the distance. it's going to go to the medica
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